Looking back at history their is a very distinct and predictable pattern or progression that all great empires have evolved through. This cycle of birth and death has happened in every great empire ranging from Babylon, Rome, Great Britain and presently the United States of America.1st Stage
When a country or empire is in early stages of growth, it starts out with sound money. The currency is usually gold, or something that is backed by gold or another similar asset or metal. Up until about WWI, the US currency was almost 100% completely backed by gold.2nd Stage
When a country starts to develop both socially and economically, it puts more and more pressure on the economy which leads to more social programs and additional layers of public works. An example of this in American history would be “New Deal” type social economic reforms that were implemented after the Great Depression by FDR.3rd Stage
As the economy grows in abundance, the political influence grows along with massive increases in expenditures to pay for a growing military.4th Stage
At some point in the course of development of an Empire, the country puts its military to use and the expenditures explode off the charts.5th Stage
In order to pay for the costly wars, it is necessary to steal the wealth of the citizens by replacing their sound asset backed money with fiat currency that can be created in unlimited quantities. The gold standard of the United States was taken away little by little starting with WWI and finally completely off the standard during Vietnam.6th Stage
This transfer of wealth that is the result of expanding the money supply burdens the population through price inflation and by people starting to lose faith in the currency.7th Stage
During the last stage of empire their is a massive movement out of the currency and into other asset classes like metals and other sound and tangible assets. As this movement out of the currency takes place it starts to collapse and the wealth is transferred into the hands of people who anticipated the event and knew how to position themselves to prosper.Currently we sit at somewhere between stage six and seven. Will we eventually enter into a hyper-inflationary depression and finally a total collapse of the Dollar as the world reserve currency?It’s a proven fact that not one country or empire has ever survived once it implemented a fiat currency into the economy. Over the last 100 years this exact seven stage scenario has played out over 30 times!The great news is that wealth is never destroyed, it just transfers from one person to another depending on what your invested in. Their were more new millionaires made during the Great Depression than ever before in history and it could happen again very soon and on a much larger scale this time!It’s important that you have the right people teaching you and giving you the right advice during these times of economic turmoil. Their is a lot of misleading and false information out there when it comes to investment advice.I chose to become a member of The Elevation Group so that I can start taking action now and position myself to come out on the right side of the next cycle. Even if things don’t play out as predicted I can sleep soundly at night knowing that I have access to a group of very experienced investors and business professionals that can guide me in making the best investment choices in any market conditions.